Li & Fung was founded in Canton in 1906 as a traditional Chinese family company involved in export trading. During the 1950s and 1960s, Li & Fung grew rapidly on a wave of industrialization in Hong Kong. In the 1970s, the management of the company was transferred to the third generation of the Fung family, Dr Victor Fung and William Fung, who remain at its helm today. Today the Li & Fung Group is a multinational group of companies comprising of three distinct core businesses -- export trading, retailing and distribution.
Export trading is conducted by Li & Fung (Trading) Limited. It is today one of the premier global consumer products trading companies managing the supply chain for high-volume, time-sensitive consumer goods. Garments make up a large part of our business and we also source fashion accessories, toys and games, sporting goods, home furnishings, handicrafts, shoes, travel goods and tableware. As a supply chain manager across many producers and countries, the company provides the convenience of a one-stop shop for customers through a Total Value-Added Package: from product development, through raw material sourcing, production planning and management, quality assurance and export documentation to shipping consolidation.
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